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PayVeda logo — Simplifying Payments.

PayVeda

Simplifying Payments.

Founded 2019 India India 2 employees Series A Total: $947.00M Financial Services, Payments +1

General Information

Company Name PayVeda
Founded Year 2019
Location India India +1
Employees 2
Industries Financial Services, Payments, Banking
Funding Stage Series A
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About PayVeda

PayVeda is a leading payments fintech organisation, promoted by Technocrats and Entrepreneurs to bridge the financial gap in underserved regions of India. Founded in 2019, PayVeda aims to take banking and non-banking services to the remotest parts of the country through its retail network, INR947.00M Series A investment at 31 October 2022 from SphitiCap. The company's slogan "Simplifying Payments" reflects its mission to provide a one-stop platform offering financial and non-financial services. PayVeda on-boards retailers across the country, after a thorough verification process. These retailers operate as last-mile service delivery points, providing a wide range of services including Aadhar Withdrawal, Money Transfer, Bill Payments, Recharges, lending, and insurance to end customers. PayVeda operates in the Financial Services, Payments, and Banking industries, with its headquarters located in India.

Taxonomy: Payments fintech, Financial inclusion, Retail network, Lastmile service delivery, Aadhar services, Money Transfer, Bill Payments, Recharges, Lending services, Insurance services, Underserved regions, Fintech organization, Retailer onboarding, Non-banking services, Financial services

Funding Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Series A •••••• 1
Investor
31 Oct 2022

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FAQ About PayVeda

Simplifying Payments.
PayVeda was founded in 2019.
PayVeda is headquartered in India.
PayVeda operates in the following industries: Financial Services, Payments, Banking.
PayVeda has approximately 2 employees.
PayVeda has completed 1 funding round, raising a total of $947.00M. The latest funding stage is Series A.
Top alternatives and competitors to PayVeda include Truly Financial, MarketForce, Buckzy Payments Inc., BANKIT, JazzCash. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PayVeda and Truly Financial are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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